India's brutal Covid-19 wave hammers fuel sales as lockdowns spread

Sales of everything from diesel to cooking fuels dropped during April 1-15 from a month earlier

Photo: Reuters
Even gasoline fell by about 5 per cent — a product that recovered strongly during the pandemic
Bloomberg
1 min read Last Updated : Apr 16 2021 | 11:34 PM IST
Indian fuel sales declined in the first half of April as a deadly second wave of Covid-19 led to renewed lockdowns and crippled demand.
 
Sales of everything from diesel to cooking fuels dropped during April 1-15 from a month earlier, according to people familiar with preliminary data from the country’s three biggest retailers.
 
Even gasoline fell by about 5 per cent — a product that recovered strongly during the pandemic as people favored their own cars over public transport to avoid being infected by the coronavirus.


One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :CoronavirusFuelpetroldiesel price

Next Story